$KITE is showing remarkable strength after breaking out from 0.0780 to 0.0838, before entering a healthy accumulation phase around the 0.0818 area. This is a common structural formation that appears before the continuation of an uptrend, especially when selling pressure is not strong enough to pull the price down significantly.
Notably, the buyers are still in control, continuously absorbing selling pressure and keeping the price stable. This reflects the market's confidence in the prospects of @GoKiteAI and the $KITE ecosystem.
🔹 Important support zones
• 0.0805 – 0.0798: dynamic support, currently being lightly tested and responding well
• 0.0780: strong support – a solid price base from the previous increase
If the price continues to defend these levels, the likelihood of a new surge is very high.
KITE
0.0784
-3.21%
